The final projects approved for co-funding by the Low Emission Transport Fund have been announced, taking the total investment commitment in low-and zero-emissions transport projects – on road, off-road and on water – to about $265 million over the past decade.
The Low Emission Transport Fund, administered by EECA (Energy Efficiency and Conservation Authority), was revised in 2021, expanding the remit of its predecessor the Low Emissions Vehicle Contestable Fund (LEVCF), which launched in 2016.
Richard Briggs, EECA’s Group Manager – Delivery and Partnerships, says the LETF has unlocked an extraordinary amount of private capital for projects that would not h...